Online Final exam for Global business environment
MAT2014
2013-2014_bai2300.pdf
Global Business Environment
Marketing and Management Studies
Course Number: BAI2300
Contribution to Program: Vocational
Normative Hours: 45
Applicable Program(s): AAL: Core/Elective:
Multiple Programs Multiple Levels Multiple Core/Elective
Approval Date: 21/08/2013
Prepared by: Norm Hotchkiss Professor
Approved by: Jim Kyte Chair
Co-Requisites N/A
Approved for Academic Year: 2013-2014
Pre-Requisites N/A
COURSE DESCRIPTION
As the global economy has changed rapidly in recent years and trade barriers have come down, Canadian companies and entrepreneurs have had to gain a clearer understanding of the effects of globalization and ensuing opportunities. This course describes the forces defining the international economy and introduces the skills that global business professionals require in order to succeed today internationally. Students study the major components of international trade of products and services, including marketing, market entry strategies, supply chain management, trade finance, legal aspects of international business, and international management. The subject of foreign investment is also introduced.
RELATIONSHIP TO VOCATIONAL LEARNING OUTCOMES
This course contributes to your program by helping you achieve the following Vocational Learning Outcomes:
Business Admin - Accounting 0216A01FWO
10 Identify and apply discipline-specific factors that enable their contribution to the local and global community through social responsibility, economic commitment and environmental stewardship. (T)
Business Admin - Accounting 0216A02PWO
10 Identify and apply discipline-specific practices that contribute to the local and global community through social responsibility, economic commitment and environmental stewardship.(T)
Business Admin - Marketing 0216D01FWO
11 Evaluate the viability of marketing products, concepts, goods, or services in an international market or markets. (T)
Business Administration 0216E01FWO
16 Take into account the impact of the economic, social, political, and cultural variables which affect a business operation. (T)
Business Admin - International Business 0216G01FWO
1 Take into account the impact of various economic, legal, cultural, geographical, and political systems on international business. (T,A)
2 Apply computer skills and knowledge to support the international business functions.(T)
3 Assist in the importing and exporting functions of a business. (T,A)
4 Conduct business in compliance with relevant national and international law, legislation, policies, and regulations. (T,A)
5 Conduct business with diverse populations using culturally appropriate methods. (T,A)
6 Develop an international marketing plan which includes marketing objectives, marketing mix, strategies, budgetary considerations, and evaluation criteria. (T)
7 Collect, process, and interpret data used to support international business. (T,A)
8 Develop personal and professional strategies to improve job performance, work relationships, and stress management. (T)
9 Contribute to the planning, directing, and evaluating of individual and team projects. (T)
10 Develop strategies to utilize domestic and foreign government programs, policies, and agencies which facilitate international trade. (T,A)
11 Apply financial knowledge and skills to the operation of an international business (T,A)
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12 Develop strategies to prepare for the contingencies associated with personal international travel. (T)
13 Take into account the business advantages of being multilingual. (T)
14 Apply leadership and teamwork knowledge and skills when working with coworkers, supervisors, and others. (T)
15 Apply knowledge of quality control and assurance programs to sourcing and supplying. (T)
16 Develop strategies to negotiate effectively within various cultural environments. (T,A)
17 Apply the principles of business ethics and international corporate responsibility. (T)
18 Employ entrepreneurial strategies to maximize the effectiveness of international business initiatives. (T)
19 Participate in the development of an international business plan.(T,A,CP)
Business Admin - International Business 0216G03FWO
1 Take into account the impact of various economic, legal, cultural, geographical, and political systems on international business. (T,A)
2 Apply computer skills and knowledge to support the international business functions. (T)
3 Assist in the importing and exporting functions of a business. (T,A)
4 Conduct business in compliance with relevant national and international law, legislation, policies, and regulations. (T,A)
5 Conduct business with diverse populations using culturally appropriate methods. (T,A)
6 Develop an international marketing plan which includes marketing objectives, marketing mix, strategies, budgetary considerations, and evaluation criteria. (T)
7 Collect, process, and interpret data used to support international business. (T,A)
8 Develop personal and professional strategies to improve job performance, work relationships, and stress management. (T)
9 Contribute to the planning, directing, and evaluating of individual and team projects. (T)
10 Develop strategies to utilize domestic and foreign government programs, policies, and agencies which facilitate international trade. (T,A)
11 Apply financial knowledge and skills to the operation of an international business.(T,A)
12 Develop strategies to prepare for the contingencies associated with personal international travel. (T)
13 Take into account the business advantages of being multilingual. (T)
14 Apply leadership and teamwork knowledge and skills when working with coworkers, supervisors, and others. (T)
15 Apply knowledge of quality control and assurance programs to sourcing and supplying. (T)
16 Develop strategies to negotiate effectively within various cultural environments. (T,A)
17 Apply the principles of business ethics and international corporate responsibility. (T)
18 Employ entrepreneurial strategies to maximize the effectiveness of international business initiatives. (T)
19 Participate in the development of an international business plan. (T,A,CP)
Business Administration - Finance 0216K01FWO
9 Co-ordinate the planning, implementation, management and evaluation of team projects by applying project management principles.(T)
Business Admin. - Material & Opers. Mgt. 0216L01FWO
19 Apply basic knowledge of the interrelationships among the functional areas of business in materials and operations management. (T)
Business Admin. - Material & Opers. Mgt. 0216L03FWO
19 Apply basic knowledge of the interrelationships among the functional areas of business in materials and operations management. (T)
Business Admin - Human Resources 0216M01FWO
8 Contribute to organizational development strategies aimed at promoting organizational effectiveness.(T)
Business Admin - Human Resources 0216M02PWO
8 Contribute to organizational development* strategies aimed at promoting organizational effectiveness. (T)
BUAD - JMI 0216N01CWO
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19 Apply basic knowledge of the interrelationships among the functional areas of business in materials and operations management. (T)
Business Administration (Core) 0216X01FWO
16 Take into account the impact of the economic, social, political, and cultural variables which affect a business operation. (T)
Business Administration (Core) 0216X02PWO
16 Take into account the impact of the economic, social, political, and cultural variables which affect a business operation. (T)
T: Teach A: Assess CP: Culminating Performance
ESSENTIAL EMPLOYABILITY SKILLS
The course contributes to your program by helping you achieve the following Essential Employability Skills:
1 Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfills the purpose and meets the needs of the audience.(T,A)
2 Respond to written, spoken or visual messages in a manner that ensures effective communication.(T,A)
4 Apply a systematic approach to solve problems.(T,A)
5 Use a variety of thinking skills to anticipate and solve problems.(T,A)
6 Locate, select, organize and document information using appropriate technology and information systems.(T)
7 Analyze, evaluate and apply relevant information from a variety of sources.(T,A)
8 Show respect for diverse opinions, values, belief systems and contributions of others. (T)
9 Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals. (T,A)
10 Manage the use of time and other resources to complete projects.(T,A)
11 Take responsibility for one's own actions, decisions and consequences.(T,A)
T: Teach A: Assess CP: Culminating Performance
COURSE LEARNING REQUIREMENTS/EMBEDDED KNOWLEDGE AND SKILLS
COURSE LEARNING REQUIREMENTS When you have earned credit for this course, you will have demonstrated the ability to:
EMBEDDED KNOWLEDGE AND SKILLS
1. Apply knowledge and skills gained through the course to explain and resolve real-world problems and issues currently facing international businesses.
l Understand current international business issues and their implications to Canadian businesses.
2. Make appropriate recommendations regarding problems that international businesses face in today's Global Business Environment.
l Using skills and techniques taught in the course, analyze and research international business issues within the context of achieving corporate goals in various target markets.
3. Through case analysis, develop strategies to solve the problems faced by the companies in question.
l Apply various methods to analyze and understand the critical issues facing international businesses.
4. Develop the components of an international business plan within the case study framework.
l Conduct in-depth research into a variety of international trade issues in support of the development of an international business plan
LEARNING RESOURCES
Required Textbook:
Book Title: Global Business Envoronment, Forum For International Trade Training
ISBN: 978-1-894566-09-4 Edition: Fifth Edition
Reference Sources:
Students should read the business sections of one of the national newspapers on a daily
bases; as well as from time to time other major economic and business magazines and foreign newsapers.
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LEARNING ACTIVITIES
During this course, you are likely to experience the following learning activities:
a. Individual reading, research, analysis and assessment
b. Using information technology as a research tool
c. Using information technology to prepare and give presentations
d. Case studies
e. Making oral presentations
f. Group discussions, discussions on line, discussions in class
g. Lectures
h. Application Exercises in class, out-of class, and on-line
i. Group work and projects
EVALUATION/EARNING CREDIT
The following will provide evidence of your learning achievements:
This activity validates the following Course Learning Requirements and/or Essential Employability Skills:
50% - Business Simulations (Sims). There are 5 Sims in the course, each worth 10% of your course mark. The first three will be completed in-class and in Teams but each student will submit their work individually. The last two Sims will be completed indidivually and outside class; these two Sims will also be submitted individually.
l Make appropriate recommendations regarding problems that international businesses face in today's Global Business Environment. - [CLR 2]
l Apply knowledge and skills gained through the course to explain and resolve real-world problems and issues currently facing international businesses. - [CLR 1]
l Through case analysis, develop strategies to solve the problems faced by the companies in question. - [CLR 3]
l Develop the components of an international business plan within the case study framework. - [CLR 4]
l Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfills the purpose and meets the needs of the audience. - [EES 1]
l Respond to written, spoken or visual messages in a manner that ensures effective communication. - [EES 2]
l Apply a systematic approach to solve problems. - [EES 4]
l Use a variety of thinking skills to anticipate and solve problems. - [EES 5]
l Analyze, evaluate and apply relevant information from a variety of sources. - [EES 7]
l Show respect for diverse opinions, values, belief systems and contributions of others. - [EES 8]
l Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals. - [EES 9]
l Manage the use of time and other resources to complete projects. - [EES 10]
l Take responsibility for one's own actions, decisions and consequences. - [EES 11]
l Locate, select, organize and document information using appropriate technology and information systems. - [EES 6]
5% - International Business Story: Report and Presentation (Individual). Failure to do the Individual Presentation will result in an Incomplete on the course. Students with medical issues related to Public
l Apply knowledge and skills gained through the course to explain and resolve real-world problems and issues currently facing international businesses. - [CLR 1]
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Presentations need to make alternative arrangements with their professor. l Communicate clearly, concisely and correctly in the written,
spoken and visual form that fulfills the purpose and meets the needs of the audience. - [EES 1]
l Apply a systematic approach to solve problems. - [EES 4]
l Use a variety of thinking skills to anticipate and solve problems. - [EES 5]
l Analyze, evaluate and apply relevant information from a variety of sources. - [EES 7]
l Show respect for diverse opinions, values, belief systems and contributions of others. - [EES 8]
l Manage the use of time and other resources to complete projects. - [EES 10]
10% - Contributions to Class Discussion and Work l Make appropriate recommendations regarding problems that international businesses face in today's Global Business Environment. - [CLR 2]
l Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfills the purpose and meets the needs of the audience. - [EES 1]
l Respond to written, spoken or visual messages in a manner that ensures effective communication. - [EES 2]
l Apply a systematic approach to solve problems. - [EES 4]
l Use a variety of thinking skills to anticipate and solve problems. - [EES 5]
l Locate, select, organize and document information using appropriate technology and information systems. - [EES 6]
l Analyze, evaluate and apply relevant information from a variety of sources. - [EES 7]
l Show respect for diverse opinions, values, belief systems and contributions of others. - [EES 8]
l Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals. - [EES 9]
l Manage the use of time and other resources to complete projects. - [EES 10]
l Take responsibility for one's own actions, decisions and consequences. - [EES 11]
15% - Mid-Term Examination l Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfills the purpose and meets the needs of the audience. - [EES 1]
l Respond to written, spoken or visual messages in a manner that ensures effective communication. - [EES 2]
l Apply a systematic approach to solve problems. - [EES 4]
l Use a variety of thinking skills to anticipate and solve problems. - [EES 5]
l Manage the use of time and other resources to complete projects. - [EES 10]
l Take responsibility for one's own actions, decisions and consequences. - [EES 11]
20% - Final Examination l Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfills the purpose and meets the needs of the audience. - [EES 1]
l Respond to written, spoken or visual messages in a manner that ensures effective communication. - [EES 2]
l Apply a systematic approach to solve problems. - [EES 4]
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l Use a variety of thinking skills to anticipate and solve problems. - [EES 5]
l Manage the use of time and other resources to complete projects. - [EES 10]
l Take responsibility for one's own actions, decisions and consequences. - [EES 11]
COLLEGE GRADING NUMERICAL EQUIVALENT TABLE
Final Grade Mark Equivalent Numeric Value Final Grade Mark Equivalent Numeric Value
A+ 90-100% 4.0 C+ 67-69% 2.3
A 85-89% 3.8 C 63-66% 2.0
A- 80-84% 3.6 C- 60-62% 1.7
B+ 77-79% 3.3 D+ 57-59% 1.4
B 73-76% 3.0 D 53-56% 1.2
B- 70-72% 2.7 D- 50-52% 1.0
F 0-49% 0
FSP 0 0
OTHER COURSE INFORMATION
Students are required to respect the confidentiality of employer, client and/or patient information, interactions, and practices that occur either on Algonquin College premises, or at an affiliated clinical/field/co-op placement site. Concerns regarding clients, patients, and/or employer practices are to be brought to the attention of the program coordinator, or designated field/clinical/co-op placement supervisor so that they may be resolved collaboratively. Such concerns are not to be raised publically either verbally, in writing, or in electronic forums. These matters are to be addressed through established program communication pathways.
PRIOR LEARNING ASSESSMENT AND RECOGNITION
Students who wish to apply for prior learning assessment and recognition (PLAR) need to demonstrate competency at a post-secondary level in all of the course learning requirements outlined above. Evidence of learning achievement for PLAR candidates includes:
l Not Applicable
RELATED INFORMATION
The following information is course-specific: To receive credit in this course, students must write both the mid-term and final exam; and, must have an average of at least 50% on the mid-term and final exams. Students in this course are expected to engage in an active learning process as well as ask and answer questions. Therefore it is required to prepare for each module having read the required text material, and to attend classes to take part in the in-class discussion and application work as well as to understand the assignments and project components. Typical activities for individual students may include reading, research, attending lectures, presentations, on-line and out of class exercises, and case studies. Group activities are built around a term project which involves preparing a country profile, market audit and competitive analysis in preparation for the decision to the export of a product to that country. Other group activities may include discussions, exercises, presentations, role playing and case studies.
Tentative Workload Schedule
A proposed weekly workload schedule has been posted on Blackboard under Course Information.
Retain this Course Outline
It is the responsibility of the student to retain course outlines for possible future use to support applications for transfer of credit to other educational institutions.
Respect for Confidentiality
Students are required to respect the confidentiality of employer, client and/or patient information, interactions, and practices that occur either on AlgonquinCollege premises, or at an affiliated clinical/field/co-op placement site. Concerns regarding clients, patients, and/or employer practices are to be brought to the attention of the program coordinator, or designated field/clinical/co-op placement supervisor so that they may be resolved collaboratively. Such concerns are not to be raised publically either verbally, in writing, or in electronic forums. These matters are to be addressed through established program communication pathways.
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Program Coordinator
Norman Lomow, B437c, [email protected]
The following information is school/department-specific: School of Business Procedures The School of Business Procedures file is located under “Course Information” in your course Blackboard site. These procedures are specific to School of Business programs and either cover issues not included in College Policies and Directives or elaborate on them. Student Academic Responsibilities Each student is responsible for: • Knowing the due dates for marked out-of-class assignments. • Knowing the dates of in-class marked assignments and exercises. • Maintaining a folder of all work done in the course during the semester for validation claims in cases of disagreement with faculty. • Keeping both paper and electronic copies of all assignments, marked and unmarked, in case papers are lost or go missing; • Regularly checking both Blackboard announcements as well as one's Algonquin e-mail account for important messages from both professor and college administration. • Participating in on-line and classroom exercises and activities as required. Exemptions Exemptions may be granted to students who have successfully passed an equivalent course at a post-secondary institution. If you wish to apply for an exemption contact the coordinator of the course for academic advice. To apply for an exemption, you must contact the Registrar’s Office before the deadline listed on your timetable. Withdrawing From The Course The last date for withdrawing from courses without academic penalty is printed on your timetable. The student is responsible for notifying the instructor and completing the appropriate form for withdrawal with the College Registrar. Software Copyright In the past few years, the Copyright Act has been updated to cover computer software. If the police lay charges against someone infringing copyright, the maximum penalties for a summary conviction are "a fine not exceeding $25,000 or imprisonment for a term not exceeding six months or both." The maximum penalties for an indictable conviction are "a fine not exceeding one million dollars or imprisonment for a term not exceeding five years or both." Making a copy of software package for your own use, other than a backup copy of package that you have purchased as allowed in your license agreement, would make you liable for the above penalties. Harassment/Discrimination/Violence Harassment, discrimination and violence will not be tolerated. Any form of harassment (sexual, racial, gender or disability related), discrimination (direct or indirect), or violence, whether towards a professor or amongst students, will not be tolerated on the college premises. Action taken will start with a formal warning and proceed to the full disciplinary actions as outlined in Algonquin College policy. For further information, please refer to Algonquin College Policy HR22: Harassment and Discrimination found at http://www2.algonquincollege.com/directives/policy/hr22- harassmentdiscrimination/, and Policy HS03: Workplace Violence Prevention found at http://www2.algonquincollege.com/directives/policy/workplace-harassment-violence-prevention/. Plagiarism Detection Software "Turnitin" plagiarism detection software is in use in the School of Business. Professors may require students to submit their work for review. Scores higher than 20% are subject to review under Plagiarism Policy AA20 found at http://www2.algonquincollege.com/directives/policy/plagiarism/. Retention of Student Work Students are advised that original, electronic, or copied samples of their work may be retained for the purpose of program quality review by assessment panels. Unless students have otherwise granted permission, anonymity will be respected for all work retained for the purpose of quality review. Original work samples, may be retained with student agreement and will be returned to students upon request.
The following information is College-wide: Email Algonquin College provides all full-time students with an e-mail account. This is the address that will be used when the College, your professors, or your fellow students communicate important information about your program or course events. It is your responsibility to ensure that you know how to send and receive e-mail using your Algonquin account and to check it regularly. Centre for Students with Disabilities (CSD) If you are a student with a disability, it is strongly recommended that you identify your needs to the professor and the Centre for Students with Disabilities (CSD) by the end of the first month of the semester in order that any necessary support services can be arranged for you. Academic Integrity* & Plagiarism* Adherence to acceptable standards of academic honesty is an important aspect of the learning process at Algonquin College. Academic work submitted by a student is evaluated on the assumption that the work presented by the student is his or her own, unless designated otherwise. For further details consult Algonquin College Policies AA18 http://www3.algonquincollege.com/directives/policy/academic-discipline/ and AA20 http://www3.algonquincollege.com/directives/policy/plagiarism/
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Student Course Feedback* It is Algonquin College’s policy to give students the opportunity to complete a course assessment survey in each course that they take which solicits their views regarding the curriculum, the professor and the facilities. For further details consult Algonquin College Policy AA25 http://www3.algonquincollege.com/directives/policy/course-assessment/ Use of Electronic Devices in Class* With the proliferation of small, personal electronic devices used for communications and data storage, Algonquin College believes there is a need to address their use during classes and examinations. During classes, the use of such devices is disruptive and disrespectful to others. During examinations, the use of such devices may facilitate cheating. For further details consult Algonquin College Policy AA32 http://www3.algonquincollege.com/directives/policy/use-of-electronic-devices-in-the-academic-environment/ Transfer of Credit Students, it is your responsibility to retain course outlines for possible future use to support applications for transfer of credit to other educational institutions.
Note: College policies (previously called directives) are under review and redesign. The term directives is being retired. Students, it is your responsibility to refer to the Algonquin College Directives/Policies website for the most current information available at http://www3.algonquincollege.com/directives/
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